Absolutely, patience is key in the market. Sometimes, the best course of action is to step back and do nothing. Checking short-term charts, like the 15-minute or 1-hour timeframes, can heighten anxiety and lead to poor decisions.
Instead, zoom out and focus on the broader picture, especially the daily charts. Right now, many altcoins are just consolidating after strong upward moves, which is perfectly normal. As Iโve pointed out before, Bitcoin often guides the movements of altcoins.
Thereโs no need to worry unless youโre making impulsive trades without a clear plan. Focus on the overall market structure, particularly on higher timeframes, and trust in your analysis. If the bullish trend is intact and the structure supports it, stay calm.
If youโre sitting in cash, remember that pullbacks can provide good entry points when the broader trend remains positive. Don't let the noise of short-term price movements distract you. Take a step back, stay patient, and stick to your strategy.